Inn of the Mountain Gods Resort & Casino News

News Brief: More than three years after the Mescalero Apaches opened their new Inn of the Mountain Gods Resort and Casino near Ruidoso, the resort has struggled with financial losses and the tribe faces a mountain of debt.

Inn of the Mountain Gods Resort and Casino reports that Mr. Douglas Lentz entered into an agreement whereby IMGRC hired Mr. Lentz as the Chief Operating Officer of the Company effective June 2, 2008.

Inn of the Mountain Gods Resort and Casino reported revenue of $28.9 million, operating income of $2.2 million and EBITDA of $6.3 million for its third quarter ended January 31, 2008.

Inn of the Mountain Gods Resort and Casino reported revenue of $33.8 million, operating income of $0.7 million and EBITDA of $11.7 million for its first quarter ended July 31, 2007.

Inn of the Mountain Gods Resort and Casino reports that Mrs. Karen Braswell has been appointed as Chief Financial Officer of IMGRC effective as of August 1, 2007.

Inn of the Mountain Gods Resort and Casino reports that Mrs. Karen Braswell has been appointed as Treasurer of IMGRC, effective as of June 25, 2007.

Inn of the Mountain Gods Resort and Casino reports revenue for Q2 was $31.2 million, an increase of $8.0 million, or 35%, from $23.2 million for Q2 2004.

Inn of the Mountain Gods Resort and Casino reported today net revenue for Q1 2005 was $30.6 million, an increase of $8.5 million, or 38%, from $22.1 million for Q1 2004.

Inn of the Mountain Gods Resort and Casino report an update on the status of the filing of its quarterly report on Form 10-Q for its first quarter ended July 31, 2005.

A former Venetian casino executive who figured prominently in a contest-rigging scheme at the Las Vegas resort in 2002 has been named the top executive of the Inn of the Mountain Gods casino in Mescalero, New Mexico.